COMMON STOCK PURCHASE WARRANTS AND OPTIONS (Stock Options - Narrative) (Details) (USD $)
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3 Months Ended | 1 Months Ended | |||
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Mar. 31, 2014
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Jan. 31, 2014
Stock Options Issued To President And CFO [Member]
Common Class A [Member]
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Jan. 31, 2014
Stock Options Issued To CEO [Member]
Common Class A [Member]
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Mar. 31, 2014
Options Granted to Independent Directors [Member]
Common Class A [Member]
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Jan. 31, 2014
Option Granted to Independent Financial Consultant [Member]
Common Stock [Member]
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Stock option granted, shares | 1,000,000 | 1,000,000 | 150,000 | 1,000,000 | |
Exercise price of stock options granted | $ 0.02 | $ 0.02 | $ 0.02 | $ 0.012 | $ 0.018 |
Grant date fair value | $ 0.02 | $ 0.02 | $ 0.013 | ||
Award term | 5 years | ||||
Vesting date | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | ||
Unrecognized compensation cost | $ 21,870 | ||||
Period for recognition | 3 months | ||||
Volatility | 294.00% | 294.00% | 294.00% | 294.00% | |
Expected life in years | 5 years | 5 years | 5 years | 5 years | |
Risk free interest rate | 0.76% | 0.76% | 0.76% | 0.76% | |
Options issued total value | 20,000 | 20,000 | 1,900 | 18,000 | |
Dividend yield | 0.00% | 0.00% | 0.00% | ||
Share-based compensation | $ 10,000 | $ 10,000 |
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- Definition
Date on which the options will vest. No definition available.
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- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
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- Definition
Value, after forfeitures, of stock or other type of equity granted of any equity-based compensation plan other than an employee stock ownership plan (ESOP). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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